Wednesday, May 31, 2006

Hightower's Lowdown

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by Jim Hightower & r & & r & TAX CHEAT SHAM & r & & lt;span class= & quot;dropcap & quot; & Y & lt;/span & ou've gotta love the consistency of the Bushites. When they ram through their multibillion-dollar tax giveaways, it's the super-rich and corporations that gain. And when they unleash their IRS to look into tax cheating, they don't probe the tax shelters of millionaires or the multibillion-dollar offshore tax havens of corporate finaglers -- instead, they go after the working poor who're entitled to tax credits of only a few hundred bucks each.


With Bush & amp; Co., them that's got is them that gets ... and everybody else should watch out! That's the hard lesson learned by some 1.6 million low-income workers who have not only had their tax refunds frozen over the past five years, but who also have had their tax filings officially labeled "fraudulent" by the IRS. This crackdown on the poor has allowed Bush to claim that, by gollies, he's tough on tax fraud.


But the IRS's own in-house taxpayer advocate, Nina Olson, says, wait a minute -- she and her staff analyzed the returns of these accused poor folks and found that two-thirds of them were actually entitled to the tax credit they sought ... or entitled to even more money. Another 14 percent were due at least a partial refund, and of the remaining 20 percent, almost none had committed fraud, but instead had simply been confused by the complicated tax forms and made honest errors.


By the way, the average income of these supposed tax deadbeats was only $13,000. The great majority were working parents who were using the earned-income tax credit, which was first advocated by the laissez-faire guru Milton Friedman and first implemented by Ronnie Reagan. But now these good folks are being browbeaten by the Bushites for crass political gain.


If you're a corporate tax cheat, the Bushites and their congressional henchmen look the other way -- but if you're a working stiff, you're presumed to be a fraud ... and the IRS will come down on you.





For more nuggets of wisdom from America's No. 1 populist, check out & lt;a href="http://www.jimhightower.com" & his website & lt;/a & .


 
 
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